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Kurogane Kosakusho (TSE:7997) Gross Margin % : 22.94% (As of May. 2024)


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What is Kurogane Kosakusho Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kurogane Kosakusho's Gross Profit for the three months ended in May. 2024 was 円523 Mil. Kurogane Kosakusho's Revenue for the three months ended in May. 2024 was 円2,278 Mil. Therefore, Kurogane Kosakusho's Gross Margin % for the quarter that ended in May. 2024 was 22.94%.


The historical rank and industry rank for Kurogane Kosakusho's Gross Margin % or its related term are showing as below:

TSE:7997' s Gross Margin % Range Over the Past 10 Years
Min: 18.33   Med: 20.31   Max: 21.11
Current: 20.58


During the past 13 years, the highest Gross Margin % of Kurogane Kosakusho was 21.11%. The lowest was 18.33%. And the median was 20.31%.

TSE:7997's Gross Margin % is ranked worse than
76.2% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.695 vs TSE:7997: 20.58

Kurogane Kosakusho had a gross margin of 22.94% for the quarter that ended in May. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Kurogane Kosakusho was 1.60% per year.


Kurogane Kosakusho Gross Margin % Historical Data

The historical data trend for Kurogane Kosakusho's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kurogane Kosakusho Gross Margin % Chart

Kurogane Kosakusho Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.15 20.91 20.08 19.92 20.16

Kurogane Kosakusho Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.27 21.24 15.64 21.55 22.94

Competitive Comparison of Kurogane Kosakusho's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Kurogane Kosakusho's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kurogane Kosakusho's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kurogane Kosakusho's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kurogane Kosakusho's Gross Margin % falls into.



Kurogane Kosakusho Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Kurogane Kosakusho's Gross Margin for the fiscal year that ended in Nov. 2023 is calculated as

Gross Margin % (A: Nov. 2023 )=Gross Profit (A: Nov. 2023 ) / Revenue (A: Nov. 2023 )
=1447.9 / 7180.943
=(Revenue - Cost of Goods Sold) / Revenue
=(7180.943 - 5733.038) / 7180.943
=20.16 %

Kurogane Kosakusho's Gross Margin for the quarter that ended in May. 2024 is calculated as


Gross Margin % (Q: May. 2024 )=Gross Profit (Q: May. 2024 ) / Revenue (Q: May. 2024 )
=522.8 / 2278.474
=(Revenue - Cost of Goods Sold) / Revenue
=(2278.474 - 1755.689) / 2278.474
=22.94 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Kurogane Kosakusho  (TSE:7997) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Kurogane Kosakusho had a gross margin of 22.94% for the quarter that ended in May. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Kurogane Kosakusho Gross Margin % Related Terms

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Kurogane Kosakusho Business Description

Traded in Other Exchanges
N/A
Address
No. 24, 4-Bandi 1-chome, Shinmachi, Nishi-ku, Osaka, JPN, 550-0013
Kurogane Kosakusho Ltd is a Japan-based furniture manufacturing company. It manufactures office furniture such as writing desks, chairs, file cabinets, children's study desks, and shelves. In addition, the company also manufactures air-conditioning equipment and other construction-related facilities.

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